Ep 105: Stop Obsessing Over the Wrong Risks
Author Morgan Housel once said: ‘You should obsess over risks that do permanent damage and care little about risks that do temporary harm, but the opposite is more common.’ And he’s right—most investors spend more energy worrying about the noise than the real danger. We'll talk about it on this episode.
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In this episode:
[1:09] Why Most Investors React to the Wrong Things
[6:19] Decisions That Cause Lasting Damage
[13:42] Why You Need a System